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• • <br />SECTION D. Calculation of the 1987 Debt Rate Component. In this section <br />-you--will--calculate -the deiat--component of-1987 effective tax rate. . <br /> <br />22. <br />_. 1987 total taxable value for calculation purposes <br />(enter the same amount as line 16): <br />$ 934,190,139 <br />23. <br />- TataL-amount .to be-.paid -.in-198-7-.--trom property taxes for service - <br />o~,~ualfed debts and for contract payments securing-debts <br />issued _nr assumed.. by__other__units_on -this unit's .behalf : - - --- - - - - -- - -- -- <br />- - <br />.- -$- - - 1, 916 , 704 - - <br />24. Certified anticipated 1987 collection rate: 96~ <br />25. 1987 debt service payments adjusted for collection rate: $ 1,993,372 <br />26. 1987 ..debt.-rate: ---- _- ___ . - __ _ __ __ _ _ . -_. _ _ .- _ _.___ _ _ _ <br />Divide line 25 by line 22 and-multiply by 100. _ _-. _.__ . _ _- <br />$ .213/$100 <br /> <br />27. 1987 effective tax rate for this tax: $ .549/$100 <br />28. Three-percent limit: <br />Multiply line 27 by 1.03. $ .566/$100 <br />29. Eight-percent limit: <br />Multiply line 27 by 1.08. <br />$ .593/$100 <br /> <br />